According to the U.S. Bureau of Labor Statistics, prices for food at elementary and secondary schools are 97.72% higher in 2024 versus 2005 (a $19.54 difference in value).
Between 2005 and 2024: Food at elementary and secondary schools experienced an average inflation rate of 3.65% per year. This rate of change indicates significant inflation. In other words, food at elementary and secondary schools costing $20 in the year 2005 would cost $39.54 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.52% during this same period, inflation for food at elementary and secondary schools was higher.
Below are calculations of equivalent buying power for Food at elementary and secondary schools, over time, for $20 beginning in 2005. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2005 | $20.00 | - |
2006 | $20.32 | 1.59% |
2007 | $21.15 | 4.11% |
2008 | $22.05 | 4.24% |
2009 | $23.08 | 4.65% |
2010 | $23.67 | 2.56% |
2011 | $24.45 | 3.30% |
2012 | $25.14 | 2.84% |
2013 | $26.02 | 3.51% |
2014 | $26.53 | 1.95% |
2015 | $27.21 | 2.55% |
2016 | $28.46 | 4.61% |
2017 | $28.59 | 0.46% |
2018 | $29.44 | 2.96% |
2019 | $30.02 | 1.99% |
2020 | $28.68 | -4.48% |
2021 | $15.46 | -46.09% |
2022 | $20.50 | 32.61% |
2023 | $38.74 | 88.99% |
2024 | $39.54 | 2.07%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Food at elementary and secondary schools:
Year | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 100.000 | 101.592 | 105.769 | 110.249 | 115.377 | 118.329 | 122.239 | 125.708 | 130.117 | 132.658 | 136.043 | 142.313 | 142.965 | 147.190 | 150.113 | 143.386 | 77.294 | 102.499 | 193.714 | 197.722 |